Norwest Bank Highlands Ranch, National Association in Highlands Ranch, Colorado (CO)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 1994

  • Norwest Bank Highlands Ranch, National Association in Highlands Ranch, Colorado (CO)
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Norwest Bank Highlands Ranch, National Association - Overview

  • General
  • FDIC Certificate #: 24639
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank West, National Association (#3011)
    Federal Reserve ID: 273952
    Date Established: July 18, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17106
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: July 18, 1983
    Last Structure Change Effective Date: January 01, 1994
    Last Structure Change Process Date: January 06, 1994
    Last Data Update: January 06, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 66 West Springer Drive, Highlands Ranch, CO 80126
    County: Douglas
    Quarterly Banking Profile Region: Dallas
    FDIC Geographic Region: Dallas
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Denver
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Denver, CO (#2080)
    Consolidated Metropolitan Statistical Area (CMSA): Denver-Boulder-Greeley, CO (#34)
    Combined Statistical Area (CSA): Denver-Aurora-Boulder, CO (#216)
    Core Based Statistical Area (CBSA): Denver-Aurora-Broomfield, CO (#19740)
    CBSA Metro Statistical Area: Denver-Aurora-Broomfield, CO (#19740)
  • Financial Summary
  • Total assets: $48.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $20Total assets
  • $47,974Cash and due from depository institutions
  • $8,549Interest-bearing balances
  • $6,300Securities
  • $22,007Federal funds sold & reverse repurchase agreements
  • $3,245Net loans & leases
  • $13,392Loan loss allowance
  • $186Trading account assets
  • $0Bank premises and fixed assets
  • $367Other real estate owned
  • $0Goodwill and other intangibles
  • $414Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $47,974Total liabilities
  • $45,010Total deposits
  • $44,156Interest-bearing deposits
  • $32,059Deposits held in domestic offices
  • 44156.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $380Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $474Total equity capital
  • $474Total bank equity capital
  • $2,964Perpetual preferred stock
  • $0Common stock
  • $500Surplus
  • $976Undivided profits
  • Memoranda
  • $1,488Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $37Income earned, not collected on loans
  • $60Earning assets
  • $44,944Long-term assets (5+ years)
  • $18,277Average Assets, year-to-date
  • $43,658Average Assets, quarterly
  • $47,391Volatile liabilities
  • $501Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,011Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,516Total risk weighted assets
  • $18,891Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,755Total interest expense
  • $684Net interest income
  • $2,071Provision for loan and lease losses
  • -$10Total noninterest income
  • $605Fiduciary activities
  • $0Service charges on deposit accounts
  • $377Trading account gains & fees
  • $0Additional noninterest income
  • $228Total noninterest expense
  • $1,900Salaries and employee benefits
  • $503Premises and equipment expense
  • $274Additional noninterest expense
  • $1,123Pre-tax net operating income
  • $786Securities gains (losses)
  • $0Applicable income taxes
  • $272Income before extraordinary items
  • $514Extraordinary gains - net
  • $0Net income attributable to bank
  • $514Net charge-offs
  • $8Cash dividends
  • $100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.67%Cost of funding earning assets
  • 1.66%Net interest margin
  • 5.02%Noninterest income to earning assets
  • 1.47%Noninterest expense to earning assets
  • 4.60%Net operating income to assets
  • 1.18%Return on assets (ROA)
  • 1.18%Pretax return on assets
  • 1.80%Return on equity (ROE)
  • 21.36%Retained earnings to average equity (YTD only)
  • 17.21%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • -125.00%Efficiency ratio
  • 71,001Assets per employee
  • 2.40%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.46%Loss allowance to loans
  • 1.37%Loss allowance to noncurrent loans
  • 502.70%Noncurrent assets plus other real estate owned to assets
  • 0.08%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 30.33%Net loans and leases to core deposits
  • 30.41%Equity capital to assets
  • 6.18%Core capital (leverage) ratio
  • 5.45%Tier 1 risk-based capital ratio
  • 13.32%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $43,658Average earning assets
  • $2,406Average equity
  • $41,282Average loans

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